The world of crypto is full of exciting opportunities to multiply the portfolio, Crypto300club is one such platform that offers lucrative returns.
With the staggering return, cryptocurrencies are enticing everyone to join and get a massive return in a short time. Along with enticing returns, the world of crypto and blockchain is also full of scams. People who are not familiar with crypto usually fall for it and lose their hard-earned money. If you are searching for a Crypto300club, and want to know more about it before putting your money, you are at the right place. We will be doing a thorough analysis of the Crypto300club to understand whether this platform to worth investing the hard-earned money.
A report from Chainalysis, upto 32% crypto funds are stolen through scam. Between year 2017-2021, users lost staggering amount of $192 billion in crypto scams.
Most of the users who attract to cryptocurrencies mainly Bitcoin do not have an in-depth knowledge of how crypto works. They simply attract due to high returns. As people are not good with trading they wish to simply invest their money and get a higher return than usual, they get with traditional investment. Crypto300club could be a heaven for such people who simply want to put their money and see their growth every day.
Let’s have a look at the Crypto300club
Crypto300Club is currently one of the most profitable platforms in terms of ROI (Return on Investment). It offers flexible investment options and higher returns than anyone else can offer. Additionally, users are not required to take any manual action to grow their money.
Users can also use affiliates to get more users and make an additional commission of affiliate members’ investments.
This platform does not inform users about the exact mechanism behind the scene which yields massive returns.
It provides a website where buyers can purchase crypto packs, also known as crypto packs, for the minimum amount of $10. The packs are traded on the cryptocurrency market. The profits are divided between participants according to the amount they contribute. The limit is not set to the number of crypto packs members can buy.
There’s not much to be found about the details of the project including its originators as well as the location where the headquarters are situated or if it holds an operating license, and so on. This platform is packed with attractive interest rates investors can earn when they choose to invest in them.
The main thing to be seen on the platform are the stunning interest rates for investors to choose from if they decide to invest with them. This is a sign of how desperate the venture is in trying to attract more investors who stand a chance to make huge profits.
The domain was of this platform was registered privately on the 15th of July, 2018 This makes it hard to determine who is the owner of the platform. It clearly states that it’s an “licensed clone of Ad Click Xpress,” an Ponzi scheme that gives users advertising packages worth $10 in exchange for huge profit. It further shows that the so called parent companies does not have prior experience in crypto trading.
A quick lookup of the Alexa website ranking tool reveals the amount of traffic to Ad Click has decreased dramatically. This suggests it is possible that the Crypto300Club establishment is one of the numerous strategies employed by the creators of Ad Click to increase patronage for their dying business.
Let’s take a look at the features of this apparent goldmine.
Lucrative Return & Low amount Entry
Crypto300club offers up to 300% of ROI on the investment. Users can get a minimum of 1% ROI daily on their investments.
Currently, there is no crypto project which offers such guaranteed returns without being actively indulging in trading.
Along with the return, this platform has a requirement of a very low amount to start earning. Crypto300Club offers packages for as low as $10. This amount is enough for every small investor to check out this platform.
Exciting Affiliate Bonus
A juicy referral bonus is another exciting feature of the Crypto300club. Apart from paying a fat return on investments, It also pays a booming return for every new sign-up recommended by the users.
It gives users the option to make some additional money on their regular investment. There are 3 tiers of referral as per the number of signs up made by the users. It pays up to 10% on the total investment made by the affiliate user. The lowest affiliate payout option is 2%.
Easy Payout Program
Crypto300club claim to offer a hassle-free payout of the returns or simply invest the profit back to compound the total earning. Apparently, it looks like a dream project where every layman can make money without being worried about getting their portfolio impacted by the volatility of the crypto market.
If you are with me so far, everything is looking too profitable to be true, let’s figure out what Crypto300club is hiding with its users.
Questionable aspects of Crypto300club
This online investment platform almost explain everything about their project, company, and why there are offering such a great return except exposing their real identity and the country they are located in. Let’s take a detailed look at the apparent flaws.
Questionable identity of Crypto300club
Crypto 300 club explains itself as an international holding company that is overlooked by a group of highly successful people. Furthermore, the Crypto300club claim to have 100 years of experience and have complete support from their parent company.
Having said that, this online investing portal does not say a thing about who is their parent company, and who are those highly successful individuals. Moreover, it tries to hide the true information through verbose to gain the confidence of simpletons at the same time hiding their identity.
No information about Regulatory Certification
This crypto investment platform cleverly avoids the question about their regulatory framework. As for any financial company to operate, a certain regulatory certification is mandatory to obtain prior to its launch. Crypto300club does not share any information if they are verified and regulated under any country’s law.
It raises a red flag, as until getting authorized, a company can take investors’ funds and vanish in thin air in no time.
Inadequate details of its operation
While Crypto300club provides an unbelievably high return that goes up to 300% in a year, the company shares sketchy details on its operation. Its claim is to utilize users’ investment in daily trading and share the profits among the users. Owning to the highly unpredictable crypto market, such return through active daily trading is highly unlikely until it shares the daily trading report with the users.
The company does not disclose the cryptocurrencies are they trading in, or if they are having a diverse portfolio of coin bundles.
Absence of Social Media Handles
It comes as a shock that Crypto300club does not have a verified social media handle. However, considering the above point, it is crystal clear why it has avoided having a verified social media handle.
Any company’s popularity can be checked with their users’ reviews and experiences shared on social media. Crypto300club has something to hide and hence lacks any social media account.
Final words: Should you invest with Crypto300club?
Ultimately, everyone looks for the percentage of profit a platform provides before making any investment. Crypto300club has also helped people make a profit initially. But in long run, there are many complexities and risks involved.
In our analysis, we found many crucial details missing with this project. We advise you to independently verify the details and excise caution before investing your money. We highly recommend being extra cautious before putting hard-earned money into any crypto projects.
Gargi Sinha is working as Senior Journalist at Confea. She has completed her Masters in Journalism from Delhi University. She has interest in crypto and blockchain technology.